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Listed by COMPASS
$2,999,950
Est. payment /mo
7,440 Sqft Lot
Active
5520 University WAY NE Seattle, WA 98105
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision University District
MLS Listing ID 2345797
Style 43 - Comm/Industrial
Annual Tax Amount $22,021
Lot Size 7,440 Sqft
Lot Dimensions 80' x 93'
Property Sub-Type Land
Property Description
Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40' to 65'. Whether you are looking to invest in student housing, retail or mixed use, this site holds immense potential!
Location
State WA
County King
Area 710 - North Seattle
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Territorial
Building
Lot Description Curbs, Open Space, Paved, Sidewalk
Sewer In Street
Water Available, In Street
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.